Extreme Option Profits Chart of Day…VIX Short Term (TVIX)

June 17, 2020 By: Todd Mitchell

Keep an eye on Carnival (CCL). The stock has been battered by the coronavirus story. However, it’s down too far, too fast, and could soon recover, even though it could see an EPS loss of 55 to 65 cents a share if operations in Asia are suspended through April 2020.   “While that has not come to pass and may be averted, the cruise line said there will be a material impact on...

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Dow futures surge 500 points as stocks look to extend gains after Monday’s big comeback

June 16, 2020 By: Todd Mitchell

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Bulls Get 2nd-Straight Win Despite Opening Selloff

June 15, 2020 By: Todd Mitchell

The market showed overall strength for the 3rd-straight session following Wednesday’s breakout to fresh resistance levels on better-than-expected jobs reports. Specifically, ADP Employment Report revealed private payrolls declined -2,760,000 in May after dropping -19,557,000 in April. Expectations were for a loss of -9 million.The Russell 2000 reached an afternoon peak of 1,463 before settling...

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Bears Stay Aggressive

June 14, 2020 By: Todd Mitchell

The market showed overall strength for the 3rd-straight session following Wednesday’s breakout to fresh resistance levels on better-than-expected jobs reports. Specifically, ADP Employment Report revealed private payrolls declined -2,760,000 in May after dropping -19,557,000 in April. Expectations were for a loss of -9 million.The Russell 2000 reached an afternoon peak of 1,463 before settling...

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Bankrupt Hertz granted approval to sell up to $1 billion in shares

June 13, 2020 By: Todd Mitchell

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Dow futures rise more than 100 points as Wall Street tries to recover from its worst day since March

June 11, 2020 By: Todd Mitchell

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